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Gulf oil exports have returned to prewar levels as producers adapt to navigating the Middle East conflict, yet oil prices remain elevated. Analysts suggest market nervousness over dwindling oil stockpiles is contributing to the sustained high prices.
A Reuters survey of 30 economists and analysts lifts 2026 Brent forecast to $89.05 a barrel from $85.08 and WTI to $83.90 from $80.20. The notes cite prolonged disruption to Gulf exports and uncertainty over Strait of Hormuz flows.
Singapore 380-cst HSFO traded at a softer cash premium of $37 a metric ton into late October. Middle East supply arrivals in East Asia recovered to a seven-month high this month, according to LSEG ship-tracking data.
Crude prices are holding onto earlier gains after the updated EIA weekly petroleum inventory data amid focus on US-Iran talks and Saudi supplies. US diesel cracks are still down on the day with data showing a small drop in distillates stocks and lower exports on the week. US gasoline cracks have fallen slightly back cl
Global stocks advanced as strong AI demand boosted tech shares and falling oil prices aided bonds. European debt led gains as yields dropped.
Global stocks climbed as AI demand boosted tech shares and oil prices eased. European bonds led a rally in debt markets, with German 10-year yields falling 5 basis points to 3.472%.
A P Moller Maersk (OTC: AMKBY ) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary A P Moller Maersk reported strong financial performance for
Asian share markets edged higher as chipmakers benefited from AI demand, while oil prices eased on speculation of increased supply. The dollar dipped against the yen amid intervention concerns.
On Friday, BW LPG (NYSE: BWLP ) discussed second-quarter financial results during its earnings call. The full transcript is provided below. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. View the webcast at Summary BW LPG reported a shipping TCE inco
LyondellBasell Industries (NYSE: LYB ) held its second-quarter earnings conference call on Friday. Below is the complete transcript from the call. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. Access the full call at Summary LyondellBasell Industries reported a stro
Heidmar Maritime Holdings reported second-quarter 2026 consolidated net income of $2.2 million, or $0.04 per share basic, versus a $13.7 million loss a year earlier. Revenue rose to $29 million from $9.6 million.